1504 W Glenwood Ave, Philadelphia, PA 19132

$109,900
1,896
SqFt

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List Price
$109,900
Days on Market
2
Status
ACTIVE
MLS#
PAPH2674134
Living Area
1,896
Lot Size (Acres)
0.02
Style
AirLite
Year Built
1939
County
Philadelphia
School District
Philadelphia City

Property Description

1504 W Glenwood Street, Philadelphia, PA INVESTOR ALERT — Prime Temple Area Location! Located just one block from Broad Street and strategically positioned between Temple University’s Main Campus and Temple University Hospital, 1504 W Glenwood Street presents an excellent opportunity for an investor, developer, or owner-user looking to create an income-producing property in a highly sought-after location. This three-story Commercial Mixed-Use property offers substantial potential for renovation, repositioning and even potential re-zoning. The existing layout provides a blank canvas for an investor to explore a variety of permitted uses and configurations, subject to zoning, permits, and approvals. With the right vision and renovation plan, the property has the potential to become a valuable income-producing asset. The location is a major highlight, offering convenient access to Broad Street, Temple University, Temple University Hospital, public transportation, restaurants, retail, and major roadways. Its proximity to both Temple campuses creates strong potential demand for residential or mixed-use space. For investors looking for a value-add opportunity in the Temple University area, this property offers location, flexibility, and upside. Based on comparable renovated properties, the potential After Repair Value (ARV) is estimated around $300,000, subject to the final renovation scope, permitted use, market conditions, and buyer due diligence. Buyer is responsible for independently verifying zoning, permitted uses, dimensions, development potential, and all applicable requirements with the City of Philadelphia.

Additional Information

Area
19132 (19132)
Taxes
$1679
School District
Philadelphia City
Exterior Features
Bump-outs, Exterior Lighting, Street Lights
View
City
Heating
Radiant
Heating Fuel
Natural Gas
Cooling
Window Unit(s)
Utilities
Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer
Basement
Yes

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of CG Realty, LLC. Contact: 6105665182